Economy

Appearing at his old alma mater, the Brookings Institution, Wednesday, Peter Orszag bid adieu to public sector employment in his final public...

"The current fiscal path of the federal government is unsustainable." This sentence begins any discussion about the future of US fiscal policy and CBO...

As of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based...

Larry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...

The (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...

According to the Council of Economic Advisors’ (CEA) quarterly report on the continuing effects of the American Recovery and Reinvestment Act (ARRA)...

Markets are justifiably confused about the strength of the economy: is growth slowing? Is it slowing a lot or just a little? Will it keep chugging...

Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Denver Post said that although they opposed a large stimulus...

Initial market reactions to the June employment report confirms trends over the week. While safe haven effects have continued to underpin investor...

Alberto Alesina of Harvard University has a new paper out that talks about how differences in the composition of debt reduction packages make a...

Yes, financial markets too are being affected by the World Cup. So far today, trading is quiet – even though today is one of the famous Triple...

In testimony before the House Budget Committee this week, Ben Bernanke called for a plan to be put in place now to reduce deficits once the economy...